The British Standards Institute has issued consultation for BS 8001 for businesses implementing circular economy thinking.
I have covered the circular economy over the recent years within the built environment over recent years within blog posts here,through numerous presentations and workshops and of course within FutuREstorative It is great therefore to see that BS8001 standard for circular economy guidance is out for consultation.
BS8001 in time will surely become as important as ISO 9001, 14001 etc in the lexicon of key standards, and more so than these standards, BS8001 will pull together a meaningful triple bottom line approach to business.
Unlike other technical standards BS8001 provides information on circular economy concepts, suggesting steps that can be taken to operate in a circular economy. According to the BSI, the standard will help organisations take practical action to make the most of a low-carbon economy and cut costs and supply chain risks whilst generating economic and social value.
The standard is non sector, size or location specific, hence providing case studies, guidance and recommendations for all on circular economy business models and strategies
Perhaps one of the most useful aspects of the standard might be the in-depth review of current circular economy terminology and schools of thought. In an effort to clarify different parts of the circular economy for readers, 8001 seeks to distinguish between nuanced concepts and clear up some confusion that has emerged as circular economy conversation has proliferated. For example, the draft includes sections on ‘open’ and ‘closed’ loops, why the circular economy is distinct from resource efficiency and zero-waste agendas, and how the circular economy relates to other disciplines such as the Blue Economy, Cradle to Cradle and Biomimicry (1)
Consultation is open until January 15th to comment on the draft standard.